57.3
Fair
Property score
57.3
Fair
Overall 57.3
Smaller than most nearby homes
816 sqft (bottom 10%)
Built in 1976 (2 yrs older than avg)
Located in a high-income area
with median household income of ~95k
Transit 64.0
7-min walk to transit with 2 nearby routes
Within 500m: 1 shop, 2 parks, and 1 government office nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
27% smaller than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 72%French · 4%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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57.3 is composed by the two sections below.
Property Score
Community Score
Meadowood
How to read: Share of sales in each ~$50k price band for “meadowood” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110481
$95K
Median household income
$116K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
13%
Single-person households
35%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
250 Hazelwood Avenue — 4 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 455 m), 2 parks (nearest 253 m).
Meadowood · WPS public data · 2026
Annual incidents
24
2026
vs. city avg
-19%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
58%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 46% | Top 36% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 250 Hazelwood Avenue, Meadowood, Winnipeg
Section 1: Key Characteristics & Appeal
This 816 sqft bungalow, built in 1976, presents a specific and practical opportunity in Winnipeg's Meadowood neighbourhood. Its key appeal lies in its efficiency and lot potential. The home itself is notably compact, ranking in the bottom 10% for living area both on its street and within the broader city, making it one of the smaller available options. This is balanced by a reasonably sized 5,301 sqft lot that is above average for Hazelwood Avenue.
The financial profile is straightforward. With a modest assessed value of $35,700, it sits below the average for its immediate street but aligns with the typical value for the Meadowood area. It last sold between $350k-$400k in 2023. A less obvious point of appeal is its relative newness for the street—built in 1976, it is the second-newest home among 70 on Hazelwood, which may suggest updated core systems compared to neighbours.
This property would best suit a first-time buyer or downsizer seeking an affordable entry into the Winnipeg market with a manageable footprint and a yard for gardening or pets. It’s also a potential candidate for a long-term holder who values low property taxes due to the assessed value, or for an investor considering future expansion or redevelopment, given the lot size relative to the house.
Section 2: Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value ($35,700) is for municipal tax purposes. The market value is what a buyer would pay, which is likely significantly higher, as indicated by its 2023 sale in the $350k-$400k range.
2. How does the small living area impact livability?
At 816 sqft, the home is efficient but compact. It will suit those comfortable with a simpler, lower-maintenance layout. The ample lot size provides valuable outdoor space to compensate.
3. What does it mean that this is one of the newest homes on the street?
While still 50 years old, being newer than most neighbours (ranked 2nd of 70) can be an advantage. It often indicates potentially younger major components like plumbing, electrical, or roofing compared to older homes on the street, though a full inspection is essential.
4. Why is the city-wide average assessed value so much higher ($390k)?
The city-wide average includes all types of homes across all neighbourhoods. This property’s assessed value is in line with its specific area (Meadowood), highlighting it as a more affordable option within the broader Winnipeg market.
5. How can I find out the exact past sale price?
The provided sale price is a public data range. You can request the exact sale price by emailing the listing service via the "Get exact sold price history" button; they provide this detail manually without marketing spam.
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